Crescent City Times

Despite Theft of Public Funds, Harbor Commissioners Award Harbormaster $4,127.50 Bonus and 5% Raise

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Crescent City Times
August 7, 2024 at 08:37 AM
2 years ago
Opinion and Commentary By Linda Sutter – August 7, 2024 In a controversial decision at…
Opinion and Commentary By Linda Sutter – August 7, 2024 In a controversial decision at today’s Harbor District meeting, four board members voted to grant Harbormaster Tim Petrick a substantial raise and bonus. Petrick’s new annual salary will be $130,250, accompanied by a $4,127.50 bonus. This decision comes in the wake of a Grand Jury report highlighting Petrick’s misuse of the Harbor District credit card for personal expenses. The board’s decision has raised eyebrows, especially given Petrick’s recent history of financial mismanagement. In 2023, a writ of execution was issued against him for personal debt. Additionally, Petrick has been known to use the Harbor District credit card to cover meals, a practice that violates government codes since the Harbor is a public entity, not a private corporation. Further complicating matters, Petrick’s new contract suggests that the Harbor District may need to take out a loan to cover his bonus. This is a significant concern given the Harbor’s ongoing financial struggles. The contract also includes a clause for up to 18 months of severance pay if Petrick is terminated, a benefit that surpasses typical union agreements.

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Article Details

Published August 7, 2024 at 08:37 AM
Reading Time 0 min
Category general